IN-KIND DONATIONS

TO

UNIVERSITY OF THE INCARNATE WORD, INCARNATE WORD HIGH SCHOOL AND ST. ANTHONY CATHOLIC SCHOOL

The following information is needed to acknowledge and provide a tax recordto the donor for non-cash gifts.

Please complete and send to the Development Office, CPO Box 128 or deliver to Brackenridge Villa Basement.

Date Gift was received __________________ revised 12/95
Donated to/for ____________________________________________________________
Department/Event Department Phone Number
Contact Person ____________________________________________________________

(if donor is not an individual - e.g business or corporation)

Address _________________________________________________________________
City ____________________State________ Zip Code_________ Phone ______________
Item and Brief Description____________________________________________________

________________________________________________________________________
*Value_____________________________  
 

(For Business Office records and insurance purposes we would appreciate an estimated value of item. However, for federal tax purposes the burden of establishing the value of an in-kind item rests completely with the donor).

PLEASE NOTE:

  • If the value of the item exceeds $5000, IRS Form 8283 (Non-Cash Charitable Contributions) must be signed by an authorized representative in Institutional Advancement.
  • If a non-cash gift has a value of $5000 +, or more than one gift of similar items has an aggregate claim value of $5000 +, a qualified appraisal must accompany the gift. This appraisal is at the expense of the donor according to IRS rules.
  • Discounts on goods purchased do not count as in-kind gifts.
  • Volunteer time does not count as an in-kind gift. However, when a business or corporation bays for an employee to teach or otherwise provide services for a non-profit, that business or corporation can be issued a confimation letter for tax records.

Please contact the Development Office, 829-6013 for further information regarding in-kind gifts, IRS form 8283, or appraisals.